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UK Beauty Retailing 2014: Worldwide Industry Share, Investment Trends, Growth, Size, Strategy And Forecast Research Report 2014

Beauty Retailing

With consumers ever keener to secure the best deals, retailers would do well to find new ways to bolster customer loyalty. Following the lead of food retailers and introducing a Price Matching scheme could be one way to encourage loyalty by deepening trust. Giving customers a feeling of control over their loyalty programme interaction could be compelling too, for instance by offering shoppers a choice in how their loyalty is rewarded.

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Table of Content

 

Introduction

 

Definitions

Market size

Market shares

Retail sector size

Financial definitions

List of abbreviations

 

 

Executive Summary

 

The market

Figure 1: Market size and forecast: retail sales of beauty and personal care products, 2008-18

Segment performance

Figure 2: Segment size and forecast: retail sales of beauty products, 2008-18

Online

Figure 3: Online sales as % of all sales of beauty and personal care products, 2012-14

Companies, brands and innovation

Figure 4: Leading beauty and personal care retailers’ shares of spending on all personal care goods, 2012

The consumer

How often they use beauty products

Figure 5: The consumer: How often they use beauty products, November 2013

Where they buy

Figure 6: The consumer: Where they have bought beauty products, whether in-store or online, in the past 12 months, November 2013

What factors are important

Figure 7: The consumer: What factors drive the decision where to shop, November 2013

Attitudes towards buying beauty products as gifts

Figure 8: The consumer: Attitudes towards gift buying, November 2013

What we think

 

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Issues in the Market

 

How can beauty retailers encourage greater customer loyalty?

Who were the retail winners and losers in 2012 and 2013?

Can retailers capitalise more on the gift market?

Are there new opportunities in the male beauty market?

Can retailers prevent older people ageing out of the beauty market?

 

Trend Application

 

Inspire trend: Immaterial World

Inspire trend: Experience Is All

Mintel Futures

 

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Market Environment

 

Key points

Ethnic diversity drives demand for non-white beauty

Figure 9: Ethnic composition of England and Wales, 2011

Figure 10: Asian, African & Caribbean beauty section, Morrisons, Walworth Road, London, December 2013

Ageing population presents challenges and opportunities

Figure 11: Trends in the age structure of the UK population, 2013 and 2018

Squeezed incomes despite increased confidence

Figure 12: Annual % change in average weekly earnings versus consumer prices inflation, 2009-13

Figure 13: Consumer confidence levels, December 2012-November 2013

Figure 14: Price promotions on make-up at Superdrug, January 2014

Animal testing ban and CSR

 

Market Size and Forecast

 

Key points

In this section

Beauty and personal care market size and forecast

Figure 15: Market size and forecast: Retail sales of beauty and personal products, 2008-18

Figure 16: Market size and forecast: Retail sales of beauty and personal products, in current and constant prices, 2008-18

Segment performance

Beauty

Figure 17: Market size and forecast: Retail sales of beauty products, 2008-18

Figure 18: Market size and forecast: Retail sales of beauty products, in current and constant prices, 2008-18

Other personal care products

Figure 19: Market size and forecast: Retail sales of personal care products, 2008-18

Figure 20: Market size and forecast: Retail sales of personal care products, in current and constant prices, 2008-18

Segmentation by beauty category

Figure 21: Beauty market: Segmentation by category, 2012 and 2013

Body, hand and footcare

Colour cosmetic

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